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REVENUE RECOGNITION
 3 Months Ended
Mar. 31, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Revenues are derived primarily from the sale of dental equipment and dental and healthcare consumable products. Revenues are measured as the amount of consideration the Company expects to receive in exchange for transferring goods or providing services.

Net sales disaggregated by product category were as follows:
Three Months Ended March 31,
(in millions)20252024
Equipment & Instruments$134 $125 
CAD/CAM101 122 
Connected Technology Solutions235 247 
Essential Dental Solutions353 364 
Orthodontics59 98 
Implants & Prosthetics158 173 
Orthodontic and Implant Solutions217 271 
Wellspect Healthcare74 71 
Total net sales$879 $953 

Net sales disaggregated by geographic region were as follows:
Three Months Ended March 31,
(in millions)20252024
United States$302 $356 
Europe362 376 
Rest of World215 221 
Total net sales$879 $953 

Contract Assets and Liabilities

The Company does not typically have contract assets in the normal course of its business. Contract liabilities, which represent billings in excess of revenue recognized, are primarily related to advanced billings for customer orthodontic aligner treatments where the performance obligation has not yet been satisfied, and deferred revenue associated with loyalty points
earned but not yet redeemed by customers under the Company’s loyalty point program. The Company recorded deferred revenue of $110 million and $49 million in Accrued liabilities and Other noncurrent liabilities, respectively, in the Consolidated Balance Sheets at March 31, 2025. The Company recorded deferred revenue of $95 million and $49 million in Accrued liabilities and Other noncurrent liabilities, respectively, in the Consolidated Balance Sheets at December 31, 2024. During the three months ended March 31, 2025, the Company recognized approximately $40 million of net sales, which was previously deferred as of December 31, 2024. During the three months ended March 31, 2024, the Company recognized approximately $41 million of net sales, which was previously deferred as of December 31, 2023. The Company expects to recognize most of the remaining deferred revenue in net sales within the next twelve months.

Allowance for Doubtful Accounts

Accounts and notes receivable-trade, net are stated net of allowances for doubtful accounts and trade discounts, which were $9 million at March 31, 2025 and $14 million at December 31, 2024. For the three months ended March 31, 2025 and 2024, changes to the provision for doubtful accounts, including write-offs of accounts receivable that were previously reserved, were not significant. Changes to this provision are included in Selling, general, and administrative expenses in the Consolidated Statements of Operations.